TSE INDICES (April 05, 1999)
1999Mar. 30Mar. 29Mar. 26Mar. 25Mar. 24HighLowCom…
Articles by Northern Miner Staff
PRODUCER & DEALER PRICES (April 05, 1999)
Antimony: Representative mid-market US$1,290 per tonne (Mar. 30/99).Bismuth: Representative mid-market US$3.25 per lb. (Mar. 30/99).Cadmium: Representative mid-market US$0.23 per lb. (Mar. 30/99).Chro…
MINING MARKETS & INVESTMENT NEWS – U.S. MARKETS — Dow falls back after closing above 10K
The Dow Jones industrial average posted a record gain by closing above 10,000 during the report period ended March 30, before profit-taking pulled it down to 9,913.26 points. The average was still up …
Breakwater reopens El Toqui
Stronger zinc prices and an improved mill performance have prompted Toronto-based Breakwater Resources (BWR-T) to resume mining at its El Toqui zinc mine in central Chile.The company suspended mining …
MINING MARKETS & INVESTMENT NEWS – WESTERN MARKETS — Bearish sentiment prevails among junior stocks
The Vancouver Stock Exchange composite index rose 3.82 points, or 0.91%, and finished the week ended March 30 at 423.39. The mining index wandered into bear territory and dropped 3.22 points, or 1.05%…
MINING MARKETS & INVESTMENT NEWS – EASTERN MARKETS — Weakness in metal prices drags down majors
Continuing threats of gold sales by the International Monetary Fund plus negative sentiment toward the Japanese economy combined to pull down most precious and base metal prices during the March 24-30…
Mitsubishi buys into Antamina copper-zinc project
Partners Rio Algom (ROM-T), Noranda (NOR-T) and Teck (TEK-T) have reached an agreement-in-principle with Mitsubishi whereby the Japanese giant will acquire a 10% stake in the Antamina copper-zi…
Meetings (April 05, 1999)
April 7, Band OreApril 8, BrascadeApril 8, Western Pacific MinApril 8, WinspearApril 9, AuspexApril 9, Mount HopeApril 9, NovawestApril 9, TellisApril 12, Western PacificApril 13, Blue GoldApril 13, T…
Barrick completes acquisition
Shareholders of Sutton Resources (STT-T) have overwhelmingly approved a takeover bid by Barrick Gold (ABX-T), offering 91% of their shares to the major.Under the terms of the Barrick offer, which had …
Lac Rocher drilling hits nickel, copper
Results from five more holes drilled by Nuinsco Resources (NWI-T) at its Lac Rocher project in Quebec sent the company’s share price tumbling even as they confirmed additional nickel and copper minera…
Construction resumes at Las Cristinas gold project
After several years of delay due to litigation, Placer Dome (PDG-T) has resumed construction on the Las Cristinas gold mine in the Kilometre 88 region of southeastern Venezuela.The US$575-million proj…
Aber takes legal action against Winspear
Aber Resources (ABZ-T) has filed a suit in the British Columbia Supreme Court to protect its 32.24% ownership interest in the Camsell Lake diamond project in the Northwest Territories.Aber’s action is…